There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 70: Oil and Gas
Article 7: Statutory Unitization Act, 70-7-1 through 70-7-21
Section 70-7-19: Agreements not violative of laws governing monopolies or restraint of trade.
Universal Citation:
NM Stat § 70-7-19 (1996 through 1st Sess 50th Legis)
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70-7-19. Agreements not violative of laws governing monopolies or restraint of trade.
No agreement between or among lessees or other owners of oil and gas rights in oil and gas properties entered into pursuant hereto or with a view or for the purpose of bringing about the unitized development or operation of such properties shall be held to violate any of the statutes of this state prohibiting monopolies or acts, arrangements, agreements, contracts, combinations or conspiracies in restraint of trade or commerce.
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